CANADA STOCKS-TSX futures fall as oil prices tumble

May 13 (Reuters) - Futures for Canada's main stock index slipped on Thursday, weighed by a near 3% fall in oil prices as the deepening COVID-19 crisis in India raised concerns about demand.
Brent crude LCOc1 was down 2.6% at $67.52 a barrel, while U.S. West Texas Intermediate (WTI) crude CLc1 fell 2.8% to $64.27. O/R
June quarter futures on the S&P/TSX index SXFc1 were down 0.63% at 7:00 a.m. ET as gold prices slipped after a sharp rise in U.S. consumer prices boosted expectations of early interest rate hikes. GOL/
The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE ended 0.86% lower at 19,107.77 on Wednesday. .TO
At 7:00 a.m. ET, Dow Jones Industrial Average e-mini futures 1YMc1 were down 0.64% and S&P 500 e-mini futures ESc1 had shed 0.43%. Nasdaq 100 e-mini futures NQc1 were down 0.32%. .N
TOP STORIES TOP/CAN
Retailer Canadian Tire Corp Ltd CTCa.TO surpassed analyst estimates for first-quarter revenue, helped by strong online demand for bikes, patio furniture and pool supplies from people stuck at home due to the COVID-19 crisis. Inc CJT.TO has threatened to move work to the United States unless it wins exemption from rules aimed at preventing pilot fatigue because of their cost, according to a deal rejected by its pilots seen by Reuters. cities and cottage towns across Canada are grappling with the fallout of surging popularity amid the COVID-19 pandemic, as urbanites flock in, driving up home prices with big-city-style bidding wars and putting pressure on municipal services. RESEARCH HIGHLIGHTS RCH/CA
Intact Finanacial Corp IFC.TO : BMO raises target price to C$190 from C$185
Northland Power Inc NPI.TO : Scotiabank cuts target price to C$48.25 from C$52
COMMODITIES AT 7:00 a.m. ET
Gold futures GCc2 : $1,1812; -0.54% GOL/
US crude CLc1 : $64.27; -2.77% O/R
Brent crude LCOc1 : $67.52; -2.6% O/R
U.S. ECONOMIC DATA DUE ON THURSDAY 0830 Initial jobless claim : Expected 490,000; Prior 498,000 0830 Jobless claim 4week average: Prior 560,000 0830 continue jobless claim: Expected 3.655 mln; Prior 3.690 mln 0830 PPI Machine Manufacturing for Apr: Prior 144.3 0830 PPI final demand yy for Apr: Expected 5.9%; Prior 4.2% 0830 PPI final demand mm for Apr: Expected 0.3%; Prior 1.0% 0830 PPI exfood/energy yy for Apr: Expected 3.7%; Prior 3.1% 0830 PPI exfood/energy mm for Apr: Expected 0.4%; Prior 0.7% 0830 PPI ex food/energy/transport yy for Apr: Prior 3.1% 0830 PPI ex food/energy/transport mm for Apr: Prior 0.6%
FOR CANADIAN MARKETS NEWS, CLICK ON CODES:
TSX market report .TO
Canadian dollar and bonds report CAD/ CA/
Reuters global stocks poll for Canada EQUITYPOLL1 EPOLL/CA
Canadian markets directory CANADA ($1= C$1.21)

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